The number of people living in extreme poverty around the world has sharply declined over the past three decades, but in 2010 it still included roughly 400 million children, or one -third of those living in such abysmal conditions... The analysis found that more than three quarters, or 78 percent, of those living in extreme poverty lived in rural areas, with nearly two thirds of the extreme poor deriving their livelihoods from agriculture.
The extreme poor also continue to lag significantly behind in access to basic services, the analysis found. Only 26 percent of the poor had access to clean water in 2010, compared to 56 percent among those living above the $1.25 poverty line. Meanwhile, fewer than half... of the extreme poor had access to electricity, compared to 87 percent of the non-poor. And while 61 percent of those above the $1.25 poverty line had access to basic sanitation, just 20 percent of the extreme poor had access to similar services, the report showed.
“We need to act urgently, and with a sharpened focus, to implement effective policies in places where poverty remains entrenched, particularly rural areas,” said Jaime Saavedra, World Bank Acting Vice President of Poverty Reduction and Economic Management. “Children living in complete deprivation today are unlikely to benefit much from growth in the future, unless they secure access to adequate nutrition, education, and health services. Accelerating the pace of poverty reduction in low income countries represents a moral imperative. There is no time for complacency.”